166 Millbury

    Millbury, MA 01527
    • $399,900
    • STATUS: Active
    • MLS #: 72632217
    UPDATED: 24 min ago
    $399,900
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,470
      SQFT
    • $162
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1919
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Kris Koliss of Paramount Realty Group.

    Description

    This two unit mixed use building has great income potential. First floor is currently a salon with 5 chairs rented and a nail technician renting for a total of $2,875 per month. The 5 chairs, 3 sinks & 3 dryers will stay with the property. All stylists would like to stay renting in the salon. There is a waiting area, pedicure room, laundry room w/ cabinets and a half bath in the salon. The 2nd floor is a 6 room-2 bedroom apartment that includes a large living room, dining room & spiral staircase to a 2nd level loft. Price of property reflects work needed in apartment. Could get $1600+ for apartment when updated. Separate oil heat & electric. Tons of parking. Great location. Seller would like to rent back apartment 2-3 months after closing. See attached breakdown of revenue & expenses. Please do not go into salon to view property until open house. Buyer & agent to verify future business usage.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-05-26T18:06:33.27.
    www.southcoastrealtors.com/homes/104076871

    166 Millbury Millbury, MA 01527

    • Price: $399,900
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 72632217
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    2,470
    SQFT
    $162
    $/SQFT
    1919
    Built
    Neighborhood:
    Other
    County:
    Worcester
    Area:
    Other
    Property Description
    This two unit mixed use building has great income potential. First floor is currently a salon with 5 chairs rented and a nail technician renting for a total of $2,875 per month. The 5 chairs, 3 sinks & 3 dryers will stay with the property. All stylists would like to stay renting in the salon. There is a waiting area, pedicure room, laundry room w/ cabinets and a half bath in the salon. The 2nd floor is a 6 room-2 bedroom apartment that includes a large living room, dining room & spiral staircase to a 2nd level loft. Price of property reflects work needed in apartment. Could get $1600+ for apartment when updated. Separate oil heat & electric. Tons of parking. Great location. Seller would like to rent back apartment 2-3 months after closing. See attached breakdown of revenue & expenses. Please do not go into salon to view property until open house. Buyer & agent to verify future business usage.
    Exterior Features

    Construction Frame Location Suburban Parking Features Open11-20 SpacesPaved Driveway Parking Spaces 15 Roof Material Shingle Stories 3

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 988.00 Rsf Building Sq Ft 1482.00 Total Building Sq Ft 2470.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 168300.00 Assessed Value Land 80300.00 Assessed Value Total 248600.00 Commercial Industrial Type Commercial Disclosure Yes Disclosures Do Not Approach Property Without An Appointment. Seller Would Like To Rent Back Apt. For 2-3 Months After Closing. Price Reflects Work Needed in Apartment. Apartment Needs New Shower. All Stylists Rent Chairs in Salon & Would Like To Stay. See Attachment For Revenue & Expenses. Exchange No Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 1 Rsu Units 1 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2020 Taxes 3811.04 Total Units 2 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Other (See Remarks) Zoning B2

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Kris Koliss of Paramount Realty Group.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-05-26T18:06:33.27.
     
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    Listing courtesy of Kris Koliss of Paramount Realty Group.